Hi Ramakanth,
Thanks for writing in. It's interesting you mention UVA and Emory as those were schools that came to mind as I was reading your entry. I would rate UVA as a Dream/Reach, and Emory as a reach. I see a few issues you'll have to overcome regardless of school:
1) Why you are seeking a second MBA? Even if the school will consider your application they'll want to understand your motivations. What changed that made you want to switch industries? What will another two years in school help you achieve that you couldn't achieve now?
2) Classification in the "male, Indian, IT" cohort. Your work experience appears very traditional for this group and so you will need to work very hard to differentiate yourself. Do you have any leadership in these roles you can point to?
3) Your GMAT score is a bit unbalanced toward the Quant side, and the group you're associated with (and thus competing against) is often categorized as having high scores. Again, this is another weakness you would have to overcome.
I do think UVA and Emory are good places for you to aim high at. Depending on your other restrictions (size, geography) you may want to look at Georgia Tech, Texas A&M, Indiana and other schools of that grouping. In terms of a safe choice, you would want to look around top-40-to top-50.
Hope this is helpful and good luck!
Daniel Richards
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